TAITRON COMPONENTS INCORPORATED (NASDAQ:TAIT) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01

Changes in Registrant’s Certifying Accountant.

(a) On December 20, 2017, Taitron Components Incorporated (the “Company”) engaged Haskell & White LLP (“H&W”) as its independent registered public accounting firm and dismissed Anton & Chia, LLP (“A&C”) from that role. The change in accountants was approved by the Company’s Audit Committee.

The audit report of A&C on the Company’s financial statements for the fiscal years ended December 31, 2016 and 2015 contained no adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles.

During the Company’s two most recent fiscal years ended December 31, 2016 and 2015 and for the subsequent interim period through December 20, 2017, the Company had no “disagreements” (as described in Item 304(a)(1)(iv) of Regulation S-K) with A&C on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of A&C, would have caused it to make reference in connection with its opinion to the subject matter of the disagreements.

During the Company’s two most recent fiscal years ended December 31, 2016 and 2015, and for the subsequent interim period through December 20, 2017, there was no “reportable event” within the meaning of Item304(a)(1)(v)of Regulation S-K.

In accordance with Item 304(a)(3) of Regulation S-K, we furnishedA&C with a copy of this Form 8-K on December 20, 2017, providing A&C with the opportunity to furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Company herein in response to Item 304(a) of Regulation S-K as the same pertains to A&C and, if not, stating the respect in which it does not agree. A copy of A&C’s response is filed as Exhibit 16.1 to this Report.

(b) On December 20, 2017, the Company engaged H&W as the Company’s new independent registered public accounting firm effective immediately. The retention of H&W was approved by the Audit Committee. During the Company’s two most recent fiscal years ended December 31, 2016 and 2015 and for the subsequent interim period through December 20, 2017, neither the Company, nor anyone on behalf of the Company consulted with H&W regarding either: (i) the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company’s financial statements, or (ii) any matter that was either the subject of a disagreement as described in Item 304(a)(1)(iv) of Regulation S-K or a reportable event within the meaning of Item304(a)(1)(v)of Regulation S-K.

TAITRON COMPONENTS INC Exhibit
EX-16.1 2 ex16-1.htm EX-16.1   Exhibit 16.1 December 26,…
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About TAITRON COMPONENTS INCORPORATED (NASDAQ:TAIT)

Taitron Components Incorporated (Taitron) is a distributor of electronic components and supplier of original designed and manufactured (ODM) electronic components (ODM Components). The Company is engaged in the business of providing distribution and services for electronic components. The Company’s product offerings range from discrete semiconductors to electronic devices. The Company also offers engineering and services, focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM services for their projects (ODM Projects). The Company offers ODM Components under the private label brand TCI through manufacturing partners. The Company’s products include Rectifiers, Diodes, Transistors, Optoelectronic Devices and Passive Components. The Company’s Taiwan and China locations provide support for inventory sourcing, purchases and coordinating the manufacture of its ODM Components and ODM Projects.